{
  "id": 7918973,
  "title": "Financial authorities say Fed's rate hike to have limited market impact",
  "url": "https://urgent.news/2026/09/17/financial-authorities-say-feds-rate-hike-to-have-limited-market-impact-7918973",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T01:06:03.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20260917003100320"
  },
  "original_language": "en",
  "account": "Seoul, September 17 (Yonhap) -- Financial authorities say the Federal Reserve's decision to raise its key interest rate for the first time in over three years is likely to have minimal effect on financial markets, as expectations surrounding the move were already priced in, officials said on Thursday. The assessment was discussed during a meeting chaired by Finance Minister Koo Yun-cheol, which included Bank of Korea Governor Shin Hyun-song, Financial Services Commission Chairman Lee Eog-weon, and Financial Supervisory Service Governor Lee Chan-jin. The Federal Reserve's decision to increase the benchmark interest rate by a quarter percentage point, bringing the target range to 3.75-4.00 percent, came in its first hike since July 2023. The move was made amid persistent inflation, high oil prices, and concerns over geopolitical uncertainties. Financial authorities assessed that the Fed's decision to raise rates was driven by the strength of the U.S. economy, employment conditions, and the recent surge in oil prices. They agreed that the rate hike would have a limited impact on financial markets, as the adjustment had already been accounted for in market prices. South Korea will continue to closely monitor domestic financial and foreign exchange markets, and the authorities agreed to implement market stabilization measures if necessary due to increased volatility in the government bond market caused by external factors, including the Federal Reserve's rate hike.",
  "summary": "SEJONG, Sept. 17 (Yonhap) -- The U.S. Federal Reserve's decision to raise its ke...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "Yahoo Finance",
        "title": "Fed rate hike only half the story as Warsh faces dot-plot test",
        "url": "https://urgent.news/2026/09/15/fed-rate-hike-only-half-the-story-as-warsh-faces-dot-plot-test",
        "published": "2026-09-15T15:46:25.000Z"
      },
      {
        "outlet": "Financial Post",
        "title": "Fed policymakers rally around the ‘price stability flag’ in rate hike",
        "url": "https://urgent.news/2026/09/16/fed-policymakers-rally-around-the-price-stability-flag-in-rate-hike",
        "published": "2026-09-16T21:55:16.000Z"
      },
      {
        "outlet": "PBS NewsHour",
        "title": "Interest rate hike a 'reassuring' sign Fed is acting independently, economist says",
        "url": "https://urgent.news/2026/09/16/interest-rate-hike-a-reassuring-sign-fed-is-acting-independently",
        "published": "2026-09-16T22:55:51.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Gold falls to near $4,250 after Fed delivers rate hike",
        "url": "https://urgent.news/2026/09/16/gold-falls-to-near-4-250-after-fed-delivers-rate-hike",
        "published": "2026-09-16T23:25:30.000Z"
      },
      {
        "outlet": "Yonhap News",
        "title": "(LEAD) BOK pressed to further raise key rate to track Fed's latest hike",
        "url": "https://urgent.news/2026/09/17/lead-bok-pressed-to-further-raise-key-rate-to-track-feds-latest-hike",
        "published": "2026-09-17T00:20:12.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Financial authorities say Fed's rate hike to have limited market impact",
        "url": "https://urgent.news/2026/09/17/financial-authorities-say-feds-rate-hike-to-have-limited-market-impact",
        "published": "2026-09-17T01:32:03.000Z"
      },
      {
        "outlet": "Dawn Business",
        "title": "US Fed delivers first rate hike since 2023",
        "url": "https://urgent.news/2026/09/17/us-fed-delivers-first-rate-hike-since-2023",
        "published": "2026-09-17T02:04:58.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}